CFS is a CONTAINER FREIGHT STATION) is a place to deal with LCL goods, it handles the handover of LCL goods, after loading and stowing, the boxes are sent to CY (Container Yard, container (container) storage yard), and accept the imported containers sent by CY, unpacking, tallying, keeping, and finally distributing to each consignee. At the same time, it can also be commissioned by the carrier to seal and issue station receipts and other services.
FAS (Free Alongside Ship) means that the seller will deliver the goods alongside the ship or in a barge at the named port of shipment, and when customs formalities are requiredAll customs formalities necessary for the export of the goods shall be undertaken by the buyer at all costs and risks from the ship side (or barge) at the port of loading.
The Chinese translation of CIF term is cost, insurance and freight, according to this term, the components of the price of goods include the usual freight from the port of loading to the agreed port of destination and the agreed insurance premium, so the seller in addition to having the same obligations as the CFR term, but also for the buyer to take out freight insurance, pay the insurance premium, according to the general international trade practice, The insurance amount to be insured by the sellers shall be 10% above the CIF price.
No export declaration procedures. Buyer's negative